Well, it's official. Today marks the birth of Sirius XM Inc. After nearly a year and a half of regulatory limbo the deal is finally done.
This will be a short diary but I'm interested in what everyone thinks here.
I bought a lifetime subscription to Sirius a couple of years ago because I am a huge Howard Stern fan, so I was very interested in whether the merger would be approved or not.
I think if it had not been approved likely both, but at least one of the companies would have gone out of business. I think the fact that approval for the merger took so long is unfathonable. Talk about politics!
Terrestial radio lobbied hard to kill satelite radio. Thank God they failed...but really, why should they have a vote at all?